TechNavio recognizes the following companies as the key players in the Machine to Machine (M2M) Market in India: Bharti Airtel, Idea Cellular, Tech Mahindra, and Wipro Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “India loses approximately US$10.20 billion each year due to power thefts. As a result, India is planning to roll out smart meters in the Power sector. The Indian Government is mainly responsible for the huge penetration of broadband services at a rural level. The Government of India has initiated a national fiber network for 250,000 gram panchayats (local government in villages and small towns) for broadband connectivity. In addition, the governments have also taken other initiatives such as electronic point of sales machines, automated meter reading, and tracking devices in logistics for the welfare of the society.”
According to the report, one of the main drivers is the new income opportunities for MNOs. The new modes of exploring wireless connectivity into social networks and mobile commerce are enabling MNOs to bring in additional revenues to the table. The increasing penetration of M2M technology in the key business verticals of India, such as the Automobile, Healthcare, Agriculture, Home Appliances, and Retail sectors, is boosting the opportunities for MNOs, thereby driving the M2M market in India.
Further, the report states that one of the main challenges is the lack of coordination among the members of the fragmented value chain. The M2M value chain includes manufacturers, connectivity providers, application service providers, service providers, sellers, and resellers. Though M2M gets an extensive support for its economic growth from this expansive value chain, the coordination among the value chain members is a tedious task. This adverse effect of the coordination in the value chain acts as a hindrance in offering complete solutions to the end-user.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/machine-machine-m2m-market-india-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/telecom-and-networking
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TechNavio Announces the Publication of its Research Report -Machine to Machine (M2M) Market in India 2012-2016
